WALIMAX: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WALIMAX
Largest movements
- Tangible fixed assets +€14,637
up €14,637 (+123%), from €11,881 to €26,519
of which Furniture and vehicles: +€12,953
- Reserves +€68,466
up €68,466 (+21.1%), from €324,363 to €392,829
of which Distributable reserves: +€68,466
- Debts after one year -€38,132
down €38,132 (-26.6%), from €143,144 to €105,012
- Current portion of long-term debt +€18,480
up €18,480 (+35.7%), from €51,763 to €70,243
- Other debts -€13,461
down €13,461 (-39.3%), from €34,248 to €20,788
- Tax, wage and social debts -€9,090
down €9,090 (-30.5%), from €29,766 to €20,676
- Depreciation +€8,773
up €8,773 (+359%), from €2,443 to €11,216
- Gross operating margin +€7,760
up €7,760 (+9.0%), from €85,931 to €93,691
- Financial income -€5,381
down €5,381 (-20.8%), from €25,814 to €20,432
- Taxes -€1,084
down €1,084 (-3.6%), from €29,766 to €28,683
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,259 | €638,137 | +€15,878 | +2.6% |
| Fixed assets | 21/28 | €611,881 | €626,519 | +€14,637 | +2.4% |
| Tangible fixed assets | 22/27 | €11,881 | €26,519 | +€14,637 | +123% |
| Plant, machinery and equipment | 23 | - | €1,684 | +€1,684 | |
| Furniture and vehicles | 24 | €11,881 | €24,835 | +€12,953 | +109% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €10,378 | €11,618 | +€1,240 | +12.0% |
| Cash at bank and in hand | 54/58 | - | €4,282 | +€4,282 | |
| Deferred charges and accrued income | 490/1 | €10,378 | €7,336 | -€3,042 | -29.3% |
| Total equity and liabilities | 10/49 | €622,259 | €638,137 | +€15,878 | +2.6% |
| Equity | 10/15 | €346,805 | €415,271 | +€68,466 | +19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €324,363 | €392,829 | +€68,466 | +21.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,313 | €1,313 | = | 0.0% |
| Distributable reserves | 133 | €321,190 | €389,656 | +€68,466 | +21.3% |
| Profit (loss) carried forward | 14 | €3,842 | €3,842 | = | 0.0% |
| Amounts payable | 17/49 | €275,454 | €222,866 | -€52,588 | -19.1% |
| Amounts payable after more than one year | 17 | €143,144 | €105,012 | -€38,132 | -26.6% |
| Financial debts | 170/4 | €143,144 | €105,012 | -€38,132 | -26.6% |
| Amounts payable within one year | 42/48 | €132,310 | €117,854 | -€14,456 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €51,763 | €70,243 | +€18,480 | +35.7% |
| Financial debts | 43 | €2,470 | - | -€2,470 | |
| Credit institutions | 430/8 | €2,470 | - | -€2,470 | |
| Trade debts | 44 | €1,562 | €1,647 | +€85 | +5.4% |
| Suppliers | 440/4 | €1,562 | €1,647 | +€85 | +5.4% |
| Advances received on contracts in progress | 46 | €12,500 | €4,500 | -€8,000 | -64.0% |
| Taxes, remuneration and social security | 45 | €29,766 | €20,676 | -€9,090 | -30.5% |
| Taxes | 450/3 | €29,766 | €20,676 | -€9,090 | -30.5% |
| Other amounts payable | 47/48 | €34,248 | €20,788 | -€13,461 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,443 | €11,216 | +€8,773 | +359% |
| Other operating charges | 640/8 | €1,114 | €1,180 | +€66 | +5.9% |
| Gross operating margin | 9900 | €85,931 | €93,691 | +€7,760 | +9.0% |
| Operating profit (loss) | 9901 | €82,374 | €81,295 | -€1,078 | -1.3% |
| Financial income | 75/76B | €25,814 | €20,432 | -€5,381 | -20.8% |
| Recurring financial income | 75 | €25,814 | €20,432 | -€5,381 | -20.8% |
| Financial charges | 65/66B | €4,603 | €4,579 | -€24 | -0.5% |
| Recurring financial charges | 65 | €4,603 | €4,579 | -€24 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €103,584 | €97,148 | -€6,436 | -6.2% |
| Income taxes | 67/77 | €29,766 | €28,683 | -€1,084 | -3.6% |
| Profit (loss) for the period | 9904 | €73,818 | €68,466 | -€5,352 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,818 | €68,466 | -€5,352 | -7.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.